I’m not sour, I’m inquisitive. If you are not happy that BTTF investors come asking questions on that forum, you are implicitly agreeing that the matter should have been discussed on BTTF, which is also what I’m saying.
No I’m not. Doesn’t matter where you rant, you’re mind is made up, you’re mad, but I don’t think anyone else is. Is it everyone else or you?
I don’t know if you have any experience with investing at all, but you are asking questions in the wrong place. Quite friendly that you actually got some answers from Maidsafe. I invested as well and did my due diligence by diving in all the documents on the BTTF-website. I got all my answers. If you come in here demanding stuff from Maidsafe, you clearly miss the fact that these questions should be asked to BTTF and not the company that’s selling equity. Coming in here as a new member (joined 14 hours ago) and demanding this and that doesn’t give me a clear view on your intentions. Like I said, you should dive in the documents on the BTTF-website and ask them if things are unclear.
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You don’t build public transparency by asking questions in private. We are talking about a public crowd funding here. Every investors deserves to know if the BTTF counter has been manipulated in breach of the stated crowdsales rules.
Ask BTTF. Stop opinion spamming. Thank you.
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Ok so this confirms my suspicions. I would have appreciated if that answer had come quicker and in a more direct fashion, and with less handwaving and aggressive shilling from this community.
Now that the cat is out of the bag, can you please have this clearly stated in the pitch and also in the forum so that people are notified.
Now that the cat is out of the bag, can you please have this clearly stated in the pitch and also in the forum so that people are notified.
I see nothing untoward here, David has answered your questions and explained why small investments are done via the SPV, but not larger ones.
Friendly advice: go away. If you have a complaint about this, BTTF is the place to make it. By carrying on like this here, you just give the impression you are trolling or trying to spread FUD.
I am not sure what you are not seeing here, during this round or any other there is a lead investor, this is BttF and their supporters. That’s good and what we decided upon. Prior to the listing we have started negotiations on a pretty large deal to cover the Asia market (sans India).
If there were investors who wished to invest several hundreds of thousands they may wish to approach the company directly, but be part of this round. That is not letting any cat out of any bag, it’s how things work. What would be nefarious would be these deals happened and were kept off the current round and not visible to people.
In Uk law there is provision to ensure there is no preferential shareholder treatment which is also very good as it enforces fair treatment of all shareholders.
If we are approached by other parties looking to invest very significant amounts like that then I do not see how we would treat it any different or why we should. It makes perfect sense that a round can and would include many parties and in the case of BttF there is an added bonus that the smaller investors can be included, so this is perfect from a MaidSafe perspective and I would think makes everyone very happy. To be part of something that’s working is obviously a nice feeling.
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God you make it sound like you just solved the crime of the century. Good job detective, now go post your findings on the Bank to the Future forum. Or is that not anonymous enough for you?
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Nick already said this in his post on the forum there.
“The agreement reflects a direct investment within MaidSafe UK”
Direct investment.
Just ignore recursive it is all in the name…
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I asked you 3 (THREE) times to confirm if that large investor had invested in the BTTF crowd sale, and if not why this was being reported as such. Each time you and Nick ignored that question, answering everything else except that.
Do you realise that this could have been a short and cordial discussion had you been more transparent from the start? Instead of what this thread has turned into a huge troll fest with Maidsafe shills trying to get rid of the question, and you stalling. This really doesn’t give a good image of Maidsafe and its community.
Now that it’s clear that the BTTF completion counter doesn’t mean what it’s supposed to mean (that is to say the amount of funds that were pledged by BTTF investors in the scope of the crowdsale), and now that you can’t ignore that the signal it sends is very misleading, I’m expecting to see the pitch updated to reflect the fact a part of the equity for sale was reallocated to a direct investor. This is what someone transparent and honest with his investors would do.
Looks like you are the only one that thinks that things are not handled in an honest and transparent way.
You got your answer and you made it very clear how you feel about it. Now it’s time to take your grievances where they belong: Bank to the Future support.
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Ehhh?
The completion counter does not in any way suggest that ALL investment must exclusively come from BttF. I don’t know why you think it does?! How is it supposed to mean that? I’ve been using BttF for nearly a year and never took the counter to infer exclusivity for BttF.
Nick said right at the start this was ‘direct’, David said the same pretty clearly.
There’s no point in us shilling here, this is our home and most of the people here are obviously biased and big fans of the project. There’s nothing wrong with that is there?
Tbh it feels a bit like you asked a kind of irrelevant question and you’re reading way more into it than you should. The purchase amount is obviously a legitimate ‘buy’. Why would a future maidsafe partner have to create an account on BttF and buy through them in order to buy their shares?
There’s no substance to your ‘issue’, so of course fanboyz discount and wave you on. You can’t be surprised at that, can you? I’d hardly call that shilling?! We’re all just very excited to hear about the partnership and the extra money coming in, where the deposit was/will be made seems pretty irrelevant no? You’ve still not provided any good reason why it is relevant, apart from the fact that you thought the counter was supposed to represent some exclusivity to BttF users… isn’t that just you having misguided expectations? I’m not sure why that would be a good thing either, it would be worse, not better if BttF only allowed buys from them and not to be added to the counter if done directly. There would not have been many multi million dollar pitches if they had!
No problem with you misunderstanding, but now that you realise the counter will include direct investment too (it’s all regulated and real), perhaps it’s time to just move on instead of trying to make it look like you were making an important point.
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This point was already addressed a lot of replies back as pointed out here.
This is your final warning for trolling and opinion spamming as you completely ignored my last one. Next time we’ll take action.
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I hate when this happens. Should be ashamed of yourself if you cause drags to this great project, for literally no good reasons/answers that haven’t already been given. Props to Jabba for using critical thinking and not using his fists in a bloody death match, because that’s all I would be doing if I didn’t know it was against the forum rules. Oh look, even the mods are feeling it (for good reason). And what’s with BIGbtc, lately, anyway? He makes one great post on how to word differently the entire BF pitch, with many Likes (including mine), and suddenly his head is enormous.
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The simplicity: Just in case certain folks really don’t understand, rather than just trolling:
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MaidSafe announces a 6.25% equity fundraising round.
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Bank to the Future forms a vehicle to make investment in that round, allowing a broader range of investors to take part.
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Bank to the Future, as part of its business model, keeps tally of what percentage of investments have been made in reaching the minimum, maximum regarding the offer that MaidSafe makes. This is necessary because if the minimum is not met, nobody involved gets to play.
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Bank to the Future ends up being one investor in that equity offered, but may not be the only one. So if an outside purchase is made directly to MaidSafe, rather than through Bank to the Future, of course the figure is tallied on their metric.
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In announcing the situation, @nicklambert made it clear that the large chunk was a direct investment, and along with others has repeatedly tried to clarify.
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I’m making a clear statement of it here.
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While one might ask further questions respectfully if still uncertain, accusative posts on the subject can be considered trolling, in my opinion.
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Anyway, how about we get back on topic, the planned expansion.
As I’m based in Macau, I’m thrilled to know that such a major partner is based just across the river from me.
Looking forward to participating in the Macau/HK MaidSafe community.
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Fantastic, I hope there are many many more.
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Because you’re asking. Is my head is enormous? I hope your not referring to my efforts to get the news out on this most recent development and challenging David and Nick. I speak my mind and Im good at it. If that constitutes a fat head for you, I got one. Im not chasing any whacko conspiritors.
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I really don’t understand people’s problems with the big BTTF investment, pretty simple:
- MaidSafe is offering 6.25% equity
- You can buy using BTTF, or
- can deal with MaidSafe directly like the $600k guys did
Who cares if it officially goes through the SPV or not, it’s a clean deal: 6.25% total being sold here. Use BTTF for it if you want.
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